Blackwood, SA 5051 is rated Watch in Handle's suburb model as at November 2026. The median house is $1,131,000 with a 3.1% gross yield, vacancy is 0.70% against 0.51% across Mitcham, and values have grown an average 11.4% a year over five years.
Every figure below is from the Handle suburb model, refreshed weekly. Mitcham is the council area.
| Metric | Blackwood | Mitcham | Context |
|---|---|---|---|
| Median house price | $1,131,000 | $1,212,500 | |
| Median rent | $690 / week | +4.1% in 12 months | |
| Gross rental yield | 3.1% | 3.1% | |
| Vacancy rate | 0.70% | 0.51% | 3 homes for rent |
| Days on market | 21 days | ||
| Stock on market | 0.75% | 14 listings, 45 sales a year | |
| Months of inventory | 2.9 | ||
| 12-month growth | +5.8% | ||
| 5-year growth (a year) | +11.4% | +71% cumulative | |
| 10-year growth (a year) | +7.6% |
A median Blackwood house was worth about $660,000 five years ago. Today it is $1,131,000, a +71% change, or 11.4% a year. Over 10 years the average is 7.6% a year, and the last 12 months added +5.8%.
Past growth is not a guide to future growth. It tells you how the suburb has behaved, not what it will do next.
The median house in Blackwood rents for $690 a week, a 3.1% gross yield. Rents have moved +4.1% over the last 12 months, and vacancy sits at 0.70%, well under the 1.5% line we treat as tight.
There are 14 houses listed for sale against roughly 45 sales a year, which is 2.9 months of stock. Homes take 21 days to sell on average. Low stock and quick sales usually mean buyers are competing for what is listed.
Blackwood has about 4,266 residents, up 7.6% over 10 years. Median household income is $1,912 a week, 116% of the SA median. 82% of homes are owner-occupied, and 9% of mortgaged households are in mortgage stress.
Employment across Mitcham, where 40% of jobs are in government-backed sectors like health, education and public administration, plus 3 tracked infrastructure projects in the area.
Of the four signals our model scores, community fundamentals and buyer demand lead for Blackwood and price growth trails. A suburb score is where we start, not where we stop: every property still has to pass our 29-check screen and fit your Exit Plan before we buy.
Data as at 2 November 2026 from SuburbsFinder, ABS Census and public project sources, scored by Handle's suburb model across 3,393 suburbs. Bands: Prime is roughly the top 10%, Strong the next 20%, Watch the next 15%. General information only, not financial advice. Past growth is not a guide to future growth.
Blackwood is rated Watch in Handle's suburb model, in the top 40% of 3,393 Australian suburbs as at November 2026. The median house is $1,131,000 with a 3.1% gross yield and 0.70% vacancy. Whether it suits you depends on your borrowing, budget and plan, so we check every property against our 29-point screen before recommending it.
The postcode for Blackwood, SA is 5051. Blackwood is in the Mitcham local government area, and our data below covers houses in Blackwood itself rather than the wider council area.
The median house price in Blackwood, SA is $1,131,000 as at November 2026, against $1,212,500 across Mitcham. Values moved +5.8% over the last 12 months and averaged 11.4% a year over five years.
A median house in Blackwood rents for $690 a week, a gross rental yield of 3.1%. The Mitcham median is 3.1%. Rents changed +4.1% over 12 months.
Vacancy in Blackwood is 0.70%, against 0.51% across Mitcham. Below 1.5% is generally a tight rental market, which supports rents and shortens the time to find a tenant.
Employment across Mitcham is led by health care and social assistance, education and training, professional, scientific and technical services, with 40% of jobs in government-backed sectors. Infrastructure in the area includes Flinders Medical Centre Expansion and Main South Road Duplication (Aldinga to Sellicks). Homes sell in about 21 days with 2.9 months of stock.
Written by Ahijith (AJ) Chandra, co-founder of Handle Properties. Updated weekly; data as at 2 November 2026. Handle Properties is a licensed buyers agency, not a financial adviser.
Located in the dynamic state of SA (postcode 5051), BLACKWOOD is a vibrant real estate market. This suburb holds a median house price of $853,000 and has demonstrated an average buying growth of Up 18.1%. Last month, 15 houses were available, with 72 transactions completed in the past year. Properties spend around 27 days on the market, reflecting the area's demand with 1670 interested buyers. The average rental yield stands at 3.8%, with a weekly median rent of $360 per week and an average rent growth of Up 15.7%. Rental properties usually stay on the market for 16 days. The population in 2016 was 4169, which changed by +2.90% in the past five years. The median weekly household income is $1,470, reflecting an income change of +11.03% over the past five years. Residents have a median age of 44 years, and the suburb has an average annual growth for houses of +8.90%. To fully take advantage of BLACKWOOD's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in BLACKWOOD, Handle provides end-to-end property investment services, backed by data and experts.
The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.